It is known that Chiranjeevi's 151st film has been formally launched. August 22 happens to be megastar's birthday and the day has been chosen for the launch of the first poster for the film's title.

Though there has been speculation that Nayanatara will be playing the female lead opposite megastar, nothing is officially confirmed as yet. Incidentally, Nayanatara is presently in Hyderabad to shoot for Balakrishna's next.

In a function being organized at Sandhya Convention Centre in Gachibowli, the first motion poster of "Uyyalawada Narasimha Reddy" will be released at sharp 9.30 am.

The same will be uploaded on YouTube at 11.30 am. Maverick director SS Rajamouli will be launching the poster.

On the same stage, the cast and crew of the project will be announced. So, the wait will be over for Chiranjeevi's fans to know if Nayanatara is being cast opposite him or not.

Also, if she had already signed the dotted line, she will surely be present at the event today.